Equity Lifestyle Properties
495 hedge funds and large institutions have $12B invested in Equity Lifestyle Properties in 2025 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 188 increasing their positions, 180 reducing their positions, and 75 closing their positions.
2,850% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $400K
3.08% more ownership
Funds ownership: 98.64% → 101.72% (+3.1%)
4% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 180
3% more capital invested
Capital invested by funds: $11.6B → $12B (+$329M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less funds holding
Funds holding: 517 → 495 (-22)
23% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$446M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$174M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
+$137M |
| 4 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$115M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$121M |
| 2 |
CTC
Chai Trust Company
Chicago,
Illinois
|
-$91.4M |
| 3 |
JP Morgan Chase
New York
|
-$64.2M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$58.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$53.4M |
ELS Hedge Fund Activity: Q3 2025 in Review
495 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Equity Lifestyle Properties (ELS) for Q3 2025, worth a combined $12B — up 2.8% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of ELS and 58 opened new positions — a net loss of 17 holders — while 180 trimmed existing stakes and 188 added.
The largest buyer was Cohen & Steers, adding an estimated $446M. The largest seller was Invesco, cutting an estimated $121M.
- 495 institutional investors held Equity Lifestyle Properties (ELS) as of Q3 2025, down from 517 in Q2 2025.
- Funds reported $12B of Equity Lifestyle Properties stock for Q3 2025, up 2.8% quarter-over-quarter.
- 58 funds opened new Equity Lifestyle Properties positions in Q3 2025 and 75 closed out, a net change of -17 holders.
- The largest Equity Lifestyle Properties buyer in Q3 2025 was Cohen & Steers, an estimated $446M added.
- The largest Equity Lifestyle Properties seller in Q3 2025 was Invesco, an estimated $121M sold.
Based on aggregated 13F filings for Q3 2025.